The Fund Crisis Also Devastated the Stock Market: 50,000 Investors Lost Their Portfolios.
10 Articles
10 Articles
The fund crisis in September led to sharp losses in investment funds and the stock market. According to MKK data, the total portfolio of investment funds shrank by 1.2 trillion lira, while the number of investors who zeroed out their stock portfolios exceeded 50,000 in a single month.
The fund heist crisis that erupted in the Istanbul Stock Exchange in September continues to hit giant companies. Two giant stocks, which had risen by over 2000% before the crisis and were among the most valuable in the market, have been hitting the lower limit continuously for 20 trading days. The total loss in Özata Denizcilik and Destek Faktoring shares, which have plummeted since September 16, the date the fund crisis began, is as follows: Fu…
The fund crisis, which caused sharp losses on the Istanbul Stock Exchange in September, continues to be one of Turkey's main agenda items, with its collapse that began with artificial price movements in low-volume stocks, as well as hundreds of thousands of victimized investors, successive purges, arrests, and resignations. The turning points and significant developments in the process from the initial market shock to today: Regulation and Liqui…
The fund scandal shook the stock market. The number of investors who lost all their accounts in the stock market exceeded 50,000 in a single month.
The fund scam led to a sharp contraction in both investment funds and the stock market. According to MKK data, the total portfolio size of investment funds decreased by 1 trillion 172 billion TL in one month, falling to 9.26 trillion TL, while stock portfolios declined by 2 trillion 173 billion TL, dropping to 7.34 trillion TL. While the number of accounts with portfolios between 0-1 TL increased by 50,234, the sharpest decline was seen in large…
Investors opted for escape in the mutual fund crisis. According to the data of the Central Registry, the number of investors emptying their accounts in funds increased by 1,133 and in stocks by 50,234 people.
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